About Vntrip
Vntrip is a company based in Hanoi (Vietnam) founded in 2014 by Nguyen Le Hoai Nam and Lam Le Dac.. Vntrip has raised $24 million across 7 funding rounds from investors including Jubilee Capital Management, Hendale Capital and IHAG Holding. Vntrip has completed 1 acquisition, including Atadi.vn. Vntrip offers products and services including Vntrip TMS and Vntrip App. Vntrip operates in a competitive market with competitors including Mytour.vn, iVIVU.com, MorningRooms, SOJO Hotels and One Da Nang, among others.
- Headquarter Hanoi, Vietnam
- Founders Nguyen Le Hoai Nam, Lam Le Dac
- Stage Minicorn
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Sectors
Travel & Hospitality
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Vntrip Technology Co., Ltd
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$24 M (USD)
in 7 rounds
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Latest Funding Round
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Investors
Jubilee Capital Management
& 4 more
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Employee Count
Employee Count
- Investments & Acquisitions
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Products & Services of Vntrip
Vntrip offers a comprehensive portfolio of products and services, including Vntrip TMS and Vntrip App. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Platform for corporate travel bookings and cost optimization tools.
App for individual travel planning and booking services.
Funding Insights of Vntrip
Vntrip has successfully raised a total of $24M across 7 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 7
- Last Round Last Round
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First Round
First Round
(10 Jul 2016)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2023 | Amount | Series C - Vntrip | Valuation |
investors |
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| Oct, 2020 | Amount | Series B - Vntrip | Valuation |
investors |
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| May, 2019 | Amount | Series B - Vntrip | Valuation | Jubilee Capital Management |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Vntrip
Vntrip has secured backing from 5 investors, including venture fund and angel investors. Prominent investors backing the company include Jubilee Capital Management, Hendale Capital and IHAG Holding. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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An early-stage venture capital firm based in Singapore is operated.
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Founded Year | Domain | Location | |
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Global private equity investments are managed by Hendale Capital.
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Founded Year | Domain | Location | |
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A family-owned investment holding company with diversified portfolios is managed.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Vntrip
Vntrip has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Atadi.vn. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Flight booking platform
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2013 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
|
2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Vntrip
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Vntrip Comparisons
Competitors of Vntrip
Vntrip operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Mytour.vn, iVIVU.com, MorningRooms, SOJO Hotels and One Da Nang, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Hotel bookings are facilitated via the Mytour.vn online portal.
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| domain | founded_year | HQ Location |
Hotel and tour bookings are enabled via an online portal.
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| domain | founded_year | HQ Location |
Budget hotel rooms are booked via an online marketplace platform.
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| domain | founded_year | HQ Location |
Offers modern hotel accommodations with mobile app features and amenities.
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| domain | founded_year | HQ Location |
Operates an online platform for hotel, tour, and car rental bookings, simplifying travel arrangements.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Vntrip
Frequently Asked Questions about Vntrip
When was Vntrip founded?
Vntrip was founded in 2014 and raised its 1st funding round 2 years after it was founded.
Where is Vntrip located?
Vntrip is headquartered in Hanoi, Vietnam.
Who is the current CEO of Vntrip?
Thanh Viet Nguyen is the current CEO of Vntrip.
Is Vntrip a funded company?
Vntrip is a funded company, having raised a total of $24M across 7 funding rounds to date.
What does Vntrip do?
Vntrip was founded in 2014 in Hanoi, Vietnam, as an online platform in the travel sector. Hotel accommodations are discovered and booked by travelers through the site, with online payments facilitated. Price comparisons, free airport shuttles, and last-minute deals are included among the features. Operations extend to mobile users via apps available on iOS and Android devices.
Who are the top competitors of Vntrip?
Vntrip's top competitors include Mytour.vn, MorningRooms and iVIVU.com.
What products or services does Vntrip offer?
Vntrip offers Vntrip TMS and Vntrip App.
How many acquisitions has Vntrip made?
Vntrip has made 1 acquisition, including Atadi.vn.
Who are Vntrip's investors?
Vntrip has 5 investors. Key investors include Jubilee Capital Management, Hendale Capital, IHAG Holding, John Wu, and FengHe Group.
What is Vntrip's valuation?
The valuation of Vntrip is $45M as of Aug 2018.
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